Sec. 30. (a) As used in this section, “fund” refers to the off-road vehicle and snowmobile fund established by subsection (b).

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 14-16-1-30

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • operate: means to:

    Indiana Code 14-16-1-4

  • vehicle: refers to an off-road vehicle or a snowmobile. See Indiana Code 14-16-1-7
     (b) The off-road vehicle and snowmobile fund is established. The fund shall be administered by the department.

     (c) The fund consists of the revenues obtained under this chapter, IC 9-18-2.5 (before its expiration), and IC 9-18.1-14, appropriations, and donations. Money in the fund shall be used for the following purposes:

(1) Enforcement and administration of this chapter.

(2) Constructing and maintaining off-road vehicle trails.

(3) Constructing and maintaining snowmobile trails.

(4) Paying the operational expenses of properties:

(A) that are managed by the department; and

(B) on which are located off-road vehicle or snowmobile trails.

(5) Costs incurred by the bureau of motor vehicles to operate and maintain the off-road vehicle and snowmobile registration program established under IC 9-18-2.5 (before its expiration) or IC 9-18.1-14.

     (d) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested.

     (e) Money in the fund at the end of the state fiscal year does not revert to the state general fund.

As added by P.L.186-2003, SEC.55. Amended by P.L.25-2011, SEC.3; P.L.259-2013, SEC.44; P.L.198-2016, SEC.643.